July 26

1956 - Egyptian President Gamal Abdel Nasser nationalized the Suez Canal.

This is the possible reality of every business in a foreign land...Also, it's nice to know the link between the Mediterranean and Red seas are controlled by a possible Islamist nation.

Some day this could be an incredibly costly event.

1945 - The USS Indianapolis, carrying the atomic bomb, arrived in the Marianas:  WWII.

In 11 days the world saw the power of this awesome weapon. A weapon which changed the world forever.

1945 - Winston Churchill resigned as British Prime Minister after his Conservatives were soundly defeated by the Labor Party. Clement Attlee became the new prime minister.

How the Brits turned on Churchill almost immediately after WWII in Europe was decided is beyond me...But, I shouldn’t be surprised.

The Brits didn’t want Churchill until they had to - due to the reality of the war...And they didn’t want him after the war was no longer in doubt.

1948 - President Truman signed Executive Order 9981, ending segregation in the U.S. Military.

This action belongs alongside those of Jackie Robinson, MLK, Rosa Parks, etc., in the history of the Civil Rights movement.

1953 - The Battle of Moncada Barracks: Fidel Castro began the Cuban rebellion with the '26th of July Movement,' against the Fulgenico Batista's regime.

The Cuban revolution began here, even though the battle was a failure...It took Castro six years to overthrow Batista, but like every successful revolutionary leader he was able to create a cult of personality which helped him achieve power. Fidel's began at the 'Barracks.'

2000 - A federal judge in New York approved a $1.25 billion settlement between Swiss banks and more than half-a-million plaintiffs who alleged the banks hoarded money deposited by Holocaust victims.

Lets do the math: $1,250,000,000/500,000 people = $2,500/person...This is a cruel joke.